Firm News

Date: November 8, 2023

Starting January 1, 2024, the Corporate Transparency Act (CTA) will curb the use of shell companies for tax evasion, money laundering, & other corrupt purposes. By implementing this reporting and disclosure requirement, the United States joins almost 200 other countries that have implemented similar regulations through the Financial Action Task Force. KPPB LAW’s Parav Patel explains what you need to know about CTA in her article published by Khabar Magazine: https://www.khabar.com/magazine/business-insights/what-you-need-to-know-about-the-corporate-transparency-act-cta #CTA #financialaccountability #corporatetransparencyact #shellcompanies #regulations #newregulation2024 #reportinganddisclosure

Date: November 2, 2023

Congratulations to KPPB LAW’s Corporate Law team in New York City & Atlanta for advising CARYSIL Limited (through its wholly owned subsidiary Acrysil USA Inc.) in its acquisition of Virginia-based United Granite LLC. Attorneys Raj R. Mahale and Abby Smith with paralegal Jacqueline Ward led the legal advisory and services related to the acquisition, which is expected to close before the end of 2023. The acquisition represents Carysil Limited’s continued market expansion in North America by gaining added technology related to the kitchen top fabrication of hard surfaces for retail, residential and commercial organizations. India-based Carysil Limited aims to be a global provider of kitchen and bath hard surfaces. #acquisition #kppblaw #corporatelaw #businesslaw #mergersandacquisitions

Date: October 19, 2023

Private fund advisers have new legal rules to follow now that the SEC has adopted changes to the Investment Advisers Act of 1940. KPPB LAW Attorney Parav Patel explains the key requirements, restrictions, and implications for the private fund industry in her article, "SEC Adopts Final Rules for Private Fund Advisors": https://www.kppblaw.com/sec-adopts-final-rules-for-private-fund-advisers/ #kppblaw  #investmentmanagement  #finalrules  #privatefunds  #privatefundadvisers  #sec

Date: October 16, 2023

KPPB LAW was thrilled to sponsor and participate in the 5th Annual Atlanta Indian Film Festival hosted by the Georgia Indo-American Chamber of Commerce. From the Opening Gala to the Closing Awards on Sunday, it was a weekend filled with talented filmmakers, artists and an appreciative Atlanta audience. Congratulations to the AIFF team for continuing to strengthen the connection between filmmakers of Indian origin and the thriving Atlanta movie industry. . . #AIFF #KPPBLAW #film #Atlanta #IndianAmericanFilm

Date: October 16, 2023

Thank you to South Asian Bar Association of Georgia (SABA-GA) for an amazing gala dinner and excellent networking at Bold Monk Brewing Company. The evening was a full-circle moment when one of our founding partners, Sonjui Kumar, introduced keynote speaker, Alamdar Hamdani, a long-time friend of KPPB LAW who we met 20 years ago at the very first South Asian Bar Association (SABA) of North America conference in Santa Monica, Calif. Also, congratulations to Gautam Reddy, President, Waqar Khawaja, Esq., President-Elect, Nithya Amaraneni, Parth Matalia, Khusbu Patel, & the South Asian Bar Association of Georgia (SABA-GA) Gala committee for a memorable, sold-out event celebrating the growth of SABA-GA! . . . #SABAGA #Gala #KPPBLAW #SouthAsianBarAssociation #networking Kirtan Patel Ritu Gordon Anish P. Roy Banerjee Samir Patel Asad Ansari Ajay Harish

Date: October 6, 2023

In October 2003, four lawyers had a vision to provide legal services to the growing Atlanta South Asian community. Over the years, that community helped co-founders Sonjui Kumar, Nick Prabhu, Kirtan Patel and Roy Banerjee, develop Kumar, Prahbu, Patel & Banerjee / KPPB LAW into one of the largest South Asian-owned law firms in the Southeast. KPPB LAW, rooted in Atlanta, advises businesses of every size, in a multitude of industries operating locally, regionally, nationally, and globally. Today, we are in 5 cities, with 20 talented attorneys experienced in their practice areas — and we love what we do. As we celebrate 20 years, we would like to thank you for being a part of our journey, Your friends at KPPB LAW